Nordex SE Secures Order for Polish Wind Farm Turbines

In a recent report, Nordex SE announced a significant order for the supply of wind turbines for a wind farm in Poland. While the financial terms were not disclosed, the project promises long-term service opportunities that could impact future revenues.

Date: 24-09-2024

AI Rating: 7

The report highlights Nordex SE's (NRDXF.PK) recent achievement of securing an order for the Miejska Gorka wind farm, which involves supplying 41 N117/3600 turbines totaling 147.6 MW. Although the financial terms of the deal remain undisclosed, the long-term nature of the service contract for 30 years could positively influence the company's future cash flows and revenue projections.

Additionally, the project is a partnership with German project developer VSB, which suggests a collaborative approach to expanding renewable energy infrastructure in Poland. The involvement of Tauron Zielona Energia S.A., the second largest energy company in Poland, strengthens the project's credibility and could lead to more opportunities for Nordex SE in the region.

While the report does not provide specific details regarding earnings per share (EPS), net income, profit margins, free cash flow (FCF), or return on equity (ROE), the long-term service contract may hint at stable revenue streams that can have a favorable impact on the company’s profitability metrics in the future.

Stocks: NRDXF